Enactment of the Share Buyback Program
On 2 December 2015 BBI Development’s Executive Board adopted the Share Buyback Program of Issuer performed on the basis and within the framework of the authorization granted to the Menagement Board Resolution No. 23/2015 of the Ordinary General Meeting dated 26 June 2015.
Share Buyback Program assumes buying up to 5.8 million shares for not more than 2.92 million zł.
Shares may be purchased until 30 June 2016.
Maximum unit price of acquisition of shares in its own transaction may not exceed 2 zł
The purpose of the share buyback is their redemption and reduction of share capital BBI Development S.A